Audio is right under this big resistance level that got rejected from, a few times already... Now in a symmetrical triangle that is not pretty but it can give us a clue that move may be near. We already had one breakout but it drop back down, so I would wait for a possible retest of resistance level after breakout for entry. SRSI has room for more upside, RSI...
Hello traders , let's start with daily chart :
in the daily chart we can see clear flag , which is already broken by the price and also price retest the upper line as new support , one of the interesting fact about the AUDIO is that , this coin showing strength when almost all the markets now trying down trend ; and...
Audius seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 4.45 and even higher. Let's dance with 🎵 AUDIO 🎵!
ENTRY : local high @ 2.76
SL : local low @ 2.51
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 4.45
RRR : 7
INVALIDATION : when SL level hit
- Audius - AUDIO Rank #221, Volume 24h $23,243,503.
- The price is forming an head and shoudlers pattern on the daily chart!
- Currently the price is above the 200 Moving average!
- ALL TIME HIGH resistance is the first target, but i belieave we can do much more.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk...
AUDIO USDT hit trend line and showed that it got rejected it even made a trap so what now?
it wil come down it will even come down harder if bitcoin breaks down. (look my recent post about bitcoin)
DONT take it as financial advice just my idea
We have a beautiful cup & handle pattern.
It will break-out soon imo.
Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.
The protocol consists of:
- Discovery nodes that index the Audius...
AUDIO has provided us with a nice correction on the daily timeframe to the 0.5 Fib, on the 4hr timeframe we can see price is now consolidating in this bullish pennant formation and i do expect to see the continuation to the upside. From a entry perspective we have two options we can either enter on the break and retest above the descending trendline, or if the...
In my previous analysis I draw an inverted head and shoulder pattern on daily chart.
In this analysis I draw a cup and handle formation on daily chart with a bull flag in lower timeframes.
$AUDIO soon will do 3x IMO.